FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2000
Check here if Amentment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: CNA Financial Corporation
Address: CNA Plaza
Chicago, Il 60685
13F File Number: 28-346
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct, and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
By: /s/ Lynne Gugenheim
Person Signing this Report on Behalf of Reporting Manager:
Name: Lynne Gugenheim
Title: Group Vice President and Deputy General Counsel
Phone: (312) 822 4921
Signature, Place, and Date of Signing:
Chicago, Illinois, November 10, 2000 Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934
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Loews Corporation also has investment discretion over the securities reported on
herein by CNA Financial Corportion, Continental Assurance Company, Continental
Casualty Company, and The Continental Corporation. Loews Corporation will report
separately on securities over which it has investment discretion which are not
part of such holdings.
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FORM 13F INFORMATION TABLE
VALUE OTHER SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x1000) MANAGERS PRN AMT PRN CALL DSCRETN SOLE SHARED NONE
-----------------------------------------------------------------------------------------------------------------------------------
ACXIOM CORP COM 005125109 6,404 1,3 201,690.00 SH DEFINED 201,690 0 0
ADELPHIA COMMUNICATIONS-CL A CL A 006848105 8,338 2,3 302,500.00 SH DEFINED 302,500 0 0
ADVANCED ENERGY SUB NT CV5.25%06 007973AA8 3,513 1,3 3,850,000.00 PRN DEFINED
ADVANCED ENERGY INDUSTRIES COM 007973100 1,995 1,3 60,570.00 SH DEFINED 60,570 0 0
ADVANTICA RESTAURANT GROUP COM 00758B109 2,299 2,3 3,877,287.00 SH DEFINED 3,877,287 0 0
AFFIL COMPUTER SB NT CV 4%05 008190AD2 6,116 1,3 4,720,000.00 PRN DEFINED
AFFILIATED COMPUTER SVCS-A CL A 008190100 3,955 1,3 79,300.00 SH DEFINED 79,300 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 1,468 1,3 30,000.00 SH DEFINED 30,000 0 0
AGNICO-EAGLE MINES LTD COM 008474108 1,395 2,3 240,000.00 SH DEFINED 240,000 0 0
ALCOA INC COM 013817101 8,505 1,2,3 336,000.00 SH DEFINED 336,000 0 0
ALLIN COMMUNICATIONS CORP COM 019924109 701 2,3 340,000.00 SH DEFINED 340,000 0 0
ALLTEL CORP COM 020039103 5,263 2,3,4 100,852.00 SH DEFINED 100,852 0 0
AMBAC FINANCIAL GROUP INC COM 023139108 4,395 2,3 60,000.00 SH DEFINED 60,000 0 0
AMERADA HESS COM 023551104 1,004 2,3 15,000.00 SH DEFINED 15,000 0 0
AMERICA ONLINE INC COM 02364J104 3,386 1,3 63,000.00 SH DEFINED 63,000 0 0
AMERICA WEST HOLDINGS CL B 023657208 259 1,3 21,278.00 SH DEFINED 21,278 0 0
AMERICAN BUSINESS FINL SVCS COM 02476B106 172 2,3 25,042.00 SH DEFINED 25,042 0 0
AMERICAN CAPITAL STRATEGIES COM 024937104 3,849 2,3 162,500.00 SH DEFINED 162,500 0 0
AMERICAN EXPRESS COM 025816109 5,164 1,3 85,000.00 SH DEFINED 85,000 0 0
AMERICAN INTL GROUP INC COM 026874107 1,310 2,3 13,690.50 SH DEFINED 13,691 0 0
AMERICAN TOWER NT CV 144A 5%10 029912AE2 912 1,3 960,000.00 PRN DEFINED
AMERICAN TOWER NT CV ACRD 5%10 029912AF9 1,368 1,3 1,440,000.00 PRN DEFINED
AMR CORP COM 001765106 1,883 2,3 57,500.00 SH DEFINED 57,500 0 0
ANADARKO PETROLEUM CORP COM 032511107 7,792 2,3 117,250.00 SH DEFINED 117,250 0 0
ANHEUSER BUSCH CO COM 035229103 2,970 2,3 70,200.00 SH DEFINED 70,200 0 0
ANIXTER INTL INC LYON ZERO 144A 20 035290AA3 3,746 1,2,3 13,500,000.00 PRN DEFINED
ANTEC CORP COM 03664P105 1,180 2,3 40,000.00 SH DEFINED 40,000 0 0
ANTEC CORP SB NT CV 144A 03 03664PAA3 2,978 2,3 2,250,000.00 PRN DEFINED
APPLIED MATERIALS INC. COM 038222105 5,635 1,3 95,000.00 SH DEFINED 95,000 0 0
ARCHER DANIELS COM 039483102 10,867 2,3 1,259,976.90 SH DEFINED 1,259,977 0 0
ARGUSS COMMUNICATIONS INC COM 040282105 10,961 2,3 536,312.00 SH DEFINED 536,312 0 0
AT & T CORPORATION COM 001957109 335 3,4 11,565.00 SH DEFINED 11,565 0 0
AT HOME CORP SB DB CV0.525%18 045919AC1 3,001 2,3 7,000,000.00 PRN DEFINED
AT HOME CORP SB DB CV4.75%06 045919AF4 8,025 1,3 12,000,000.00 PRN DEFINED
AT HOME CORP -SER A COM SER A 045919107 2,825 2,3 200,000.00 SH DEFINED 200,000 0 0
AVIS GROUP HOLDINGS INC CL A 053790101 593 2,3 20,000.00 SH DEFINED 20,000 0 0
BANK ONE CORP COM 06423A103 3,837 2,3 100,800.00 SH DEFINED 100,800 0 0
BAYCORP HOLDINGS LTD COM 072728108 3,333 1,3 386,442.00 SH DEFINED 386,442 0 0
BECTON DICKINSON & CO COM 075887109 529 2,3 20,000.00 SH DEFINED 20,000 0 0
BELLSOUTH CORP COM 079860102 1,567 2,3 38,700.00 SH DEFINED 38,700 0 0
BEVERLY ENTERPRISES INC COM NEW 087851309 4,957 2,3 834,900.00 SH DEFINED 834,900 0 0
BLACKROCK MUNI TARGET TRUST COM 09247M105 459 2,3 47,100.00 SH DEFINED 47,100 0 0
BLOCK H & R INC COM 093671105 3,150 2,3 85,000.00 SH DEFINED 85,000 0 0
BOEING COMPANY COM 097023105 6,450 2,3 100,000.00 SH DEFINED 100,000 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 8,625 2,3 150,000.00 SH DEFINED 150,000 0 0
BUCKHEAD AMERICA CORP COM 11835A105 94 2,3 21,579.00 SH DEFINED 21,579 0 0
BUFFETS INC COM 119882108 134 1,3 9,800.00 SH DEFINED 9,800 0 0
BURLINGTON RESOURCES INC COM 122014103 13,436 2,3 365,000.00 SH DEFINED 365,000 0 0
CABOT OIL & GAS CORP -CL A CL A 127097103 611 2,3 30,000.00 SH DEFINED 30,000 0 0
CALPINE CORPORATION COM 131347106 4,889 1,2,3 48,200.00 SH DEFINED 48,200 0 0
CAMBREX CORP COM 132011107 315 3 8,500.00 SH DEFINED 8,500 0 0
CANADIAN NATL RAILWAY CO COM 136375102 7 1,3 224.00 SH DEFINED 224 0 0
CAPITAL ONE FINANCIAL CORP COM 14040H105 3,503 2,3 50,000.00 SH DEFINED 50,000 0 0
CARDINAL HEALTH INC. COM 14149Y108 4,817 1,3 54,625.00 SH DEFINED 54,625 0 0
CARNIVAL CORP COM 143658102 4,014 2,3 163,000.00 SH DEFINED 163,000 0 0
CATELLUS DEVELOPMENT CORP COM 149111106 1,885 2,3 107,724.00 SH DEFINED 107,724 0 0
CELESTICA INC SUB VTG SHS 15101Q108 32,165 1,2,3 441,900.00 SH DEFINED 441,900 0 0
CELESTICA INC LYON ZERO 20 15101QAA6 66,374 1,2,3 134,380,000.00 PRN DEFINED
CENTRAL VERMONT PUB SERV COM 155771108 845 2,3 82,900.00 SH DEFINED 82,900 0 0
CH ENERGY GROUP INC. COM 12541M102 1,013 2,3 25,400.00 SH DEFINED 25,400 0 0
CHASE MANHATTAN CORP COM STK COM 16161A108 3,695 2,3 80,000.00 SH DEFINED 80,000 0 0
CISCO SYSTEMS INC COM 17275R102 9,945 1,3 180,000.00 SH DEFINED 180,000 0 0
CITIGROUP INC COM 172967101 5,839 1,3 108,000.00 SH DEFINED 108,000 0 0
CLEAR CHANNEL COMMUNICATIONS COM 184502102 8,741 1,2,3 154,700.00 SH DEFINED 154,700 0 0
CNA INCOME SHARES INC COM 126119106 1,080 2,3 133,904.29 SH DEFINED 133,904 0 0
CNA SURETY CORPORATION COM 12612L108 311,608 2,3,4 27,096,347.00 SH DEFINED 27,096,347 0 0
COLT TELECOM GROUP-SPONS ADR SPONS ADR 196877104 331 2,3 3,000.00 SH DEFINED 3,000 0 0
COMCAST CORP CL A SPL CL A SPL 200300200 4,913 1,3 120,000.00 SH DEFINED 120,000 0 0
COMMUNICATION INTELLIGENCE COM 20338K106 1,485 2,3 660,000.00 SH DEFINED 660,000 0 0
CONECTIV COM 206829103 1,565 2,3 87,500.00 SH DEFINED 87,500 0 0
CONSOLIDATED EDISON INC COM COM 209115104 1,536 2,3 45,000.00 SH DEFINED 45,000 0 0
CONSOLIDATED FREIGHTWAYS CRP COM 209232107 1,103 2,3 220,600.00 SH DEFINED 220,600 0 0
COX COMMUNICATIONS INC-CL A CL A 224044107 639 2,3 16,700.00 SH DEFINED 16,700 0 0
CREDENCE SYSTEMS CORP COM 225302108 180 3 6,000.00 SH DEFINED 6,000 0 0
CROWN RESOURCE CORP/COLO COM 228569109 266 2,3 501,400.00 SH DEFINED 501,400 0 0
CYANOTECH CORP NEW COM NEW 232437202 99 3,4 65,775.00 SH DEFINED 65,775 0 0
CYPRESS SEMICON SUB NT CV 4%05 232806AE9 4,689 1,3 4,100,000.00 PRN DEFINED
D.R. HORTON INC COM 23331A109 761 2,3 43,500.00 SH DEFINED 43,500 0 0
DEERE & CO COM 244199105 1,496 2,3 45,000.00 SH DEFINED 45,000 0 0
DEL MONTE FOODS CO COM 24522P103 155 2,3 25,000.00 SH DEFINED 25,000 0 0
DOW CHEMICAL CORP COM 260543103 5,785 2,3 232,000.00 SH DEFINED 232,000 0 0
EAST-WEST BANCORP INC. COM 27579R104 39,124 2,3 2,000,000.00 SH DEFINED 2,000,000 0 0
EBIX.COM INC COM 278715107 1,086 3,4 304,924.00 SH DEFINED 304,924 0 0
ECHOSTAR COMM SUB NT CV 144A07 278762AB5 1,716 1,3 1,300,000.00 PRN DEFINED
ECHOSTAR COMMUNICATIONS - A CL A 278762109 1,162 1,3 22,030.00 SH DEFINED 22,030 0 0
EMC CORPORATION COM 268648102 7,573 1,3 76,400.00 SH DEFINED 76,400 0 0
EMERSON ELECTRIC COMPANY COM 291011104 3,283 1,3 49,000.00 SH DEFINED 49,000 0 0
ENCOMPASS SERVICES CORP COM 29255U104 556 2,3 68,397.00 SH DEFINED 68,397 0 0
ENGEL GENERAL DEVELOPERS ORD M40515104 540 2,3 120,000.00 SH DEFINED 120,000 0 0
ENRON CORP COM 293561106 10,515 1,3 120,000.00 SH DEFINED 120,000 0 0
EQUANT NV-NY REGISTERED SHR NY REG SHRS 294409107 2,018 1,3 55,000.00 SH DEFINED 55,000 0 0
ERICSSON (LM) TEL-SP ADR ADR CL B SEK10 294821400 222 3 15,000.00 SH DEFINED 15,000 0 0
ESTEE LAUDER COMPANIES CL A 518439104 37 2,3 1,000.00 SH DEFINED 1,000 0 0
EXCITE@HOME SB NT CV 144A 06 045919AD9 12,372 1,2,3 18,500,000.00 PRN DEFINED
EXIGENT INTERNATIONAL INC COM 302056106 0 1,3 125.00 SH DEFINED 125 0 0
EXODUS COMMUNICATIONS INC COM 302088109 99 2,3 2,000.00 SH DEFINED 2,000 0 0
FEDERAL HM LOAN MORTGAGE COP COM 313400301 2,487 1,3 46,000.00 SH DEFINED 46,000 0 0
FEDERATED DEPART STORES INC COM 31410H101 2,613 2,3 100,000.00 SH DEFINED 100,000 0 0
FIRST DATA CORP COM 319963104 4,008 1,2,3 102,600.00 SH DEFINED 102,600 0 0
FORD MOTOR COMPANY COM PAR $0.01 345370860 6,415 2,3 251,564.00 SH DEFINED 251,564 0 0
FPL GROUP COM 302571104 4,932 2,3 75,000.00 SH DEFINED 75,000 0 0
FRIEDMAN BILLINGS RAMSEY-A CL A 358433100 475 2,3 51,000.00 SH DEFINED 51,000 0 0
GEN SEMICONDUCTR SUB NT CV5.75%06 370787AB9 975 1,3 1,000,000.00 PRN DEFINED
GENENTECH INC COM NEW 368710406 1,857 1,3 10,000.00 SH DEFINED 10,000 0 0
GENERAL COMMUNICATION -CL A CL A 369385109 57 1,3 7,913.00 SH DEFINED 7,913 0 0
GENERAL ELECTRIC CO COM 369604103 7,442 1,3 129,000.00 SH DEFINED 129,000 0 0
GENERAL MOTORS CORP COM 370442105 11,867 2,3 182,563.00 SH DEFINED 182,563 0 0
GENERAL MOTORS CORP CLASS H CL H NEW 370442832 4,936 1,2,3 132,760.00 SH DEFINED 132,760 0 0
GENERAL SEMICONDUCTOR INC COM 370787103 566 1,3 42,900.00 SH DEFINED 42,900 0 0
GENZYME CORP SB NT CV 5.25%05 372917AF1 4,951 1,3 2,700,000.00 PRN DEFINED
GENZYME CORP - GENL DIV COM GENL DIV 372917104 4,084 1,3 59,900.00 SH DEFINED 59,900 0 0
GENZYME SURGICAL PROD COM SURG PROD 372917609 82 1,3 11,150.00 SH DEFINED 11,150 0 0
GENZYME-MOLECLR ONCLGY COM-MOLECULAR 372917500 90 1,3 6,700.00 SH DEFINED 6,700 0 0
GILLETTE CO. COM 375766102 2,285 1,3 74,000.00 SH DEFINED 74,000 0 0
GLAMIS GOLD LTD SV COM 376775102 1,036 2,3 721,240.00 SH DEFINED 721,240 0 0
GLOBAL CROSSING LTD COM G3921A100 599,607 2,3 19,342,157.00 SH DEFINED 19,342,157 0 0
GOLD STANDARD INC COM PAR $0.001 380724302 135 2,3 82,812.50 SH DEFINED 82,813 0 0
GRAPHIC PACKAGING INTl CORP COM 388690109 0 3,4 2.00 SH DEFINED 2 0 0
HAYES LEMMERZ INTL INC COM COM 420781106 3,058 2,3 284,500.00 SH DEFINED 284,500 0 0
HEALTHCARE REALTY TRUST INC COM 421946104 6,158 2,3 291,500.00 SH DEFINED 291,500 0 0
HEALTHSOUTH CORP SB DB CV 3.25%03 421924AF8 4,200 2,3 5,000,000.00 PRN DEFINED
HEALTHSOUTH CORP. COM 421924101 10,997 2,3 1,364,000.00 SH DEFINED 1,364,000 0 0
HEARST-ARGYLE TELEVISION INC COM 422317107 560 2,3 28,000.00 SH DEFINED 28,000 0 0
HERCULES INC COM 427056106 4,520 2,3 320,000.00 SH DEFINED 320,000 0 0
HERTZ CORP-CL A CL A 428040109 2,299 2,3 72,400.00 SH DEFINED 72,400 0 0
HEWLET-PACKARD SBLYON144AZERO17 428236AC7 736 2,3 1,000,000.00 PRN DEFINED
HEWLETT-PACK FIN SBLYON144AZERO17 428236AA1 11,044 2,3 15,000,000.00 PRN DEFINED
HEWLETT-PACKARD CO. COM 428236103 5,376 2,3 50,300.00 SH DEFINED 50,300 0 0
HOME DEPOT COM 437076102 529 3 10,000.00 SH DEFINED 10,000 0 0
HOMESTAKE MINING CO COM 437614100 1,556 2,3 300,000.00 SH DEFINED 300,000 0 0
HORIZON GROUP PROPERTIES INC COM 44041U102 3 2,3 630.00 SH DEFINED 630 0 0
HOUSEHOLD INTL INC COM 441815107 2,831 2,3 50,000.00 SH DEFINED 50,000 0 0
HUMANA INC. COM 444859102 2,043 2,3 190,000.00 SH DEFINED 190,000 0 0
IKON MBIA INC. COM 55262C100 2,845 2,3 40,000.00 SH DEFINED 40,000 0 0
ILLINOIS TOOL WORKS INC COM 452308109 1,218 1,3 21,800.00 SH DEFINED 21,800 0 0
IMC GLOBAL INC COM 449669100 1,402 2,3 96,700.00 SH DEFINED 96,700 0 0
INSWEB CORPORATION COM 45809K103 2,890 2,3 1,401,467.00 SH DEFINED 1,401,467 0 0
INTEL CORP COM 458140100 2,880 1,3 69,200.00 SH DEFINED 69,200 0 0
INTERNATIONAL BUSINESS MACHINES COM 459200101 11,520 1,2,3 102,400.00 SH DEFINED 102,400 0 0
INTERNATIONAL PAPER CO. COM 460146103 5,924 2,3 206,500.00 SH DEFINED 206,500 0 0
INTERSTATE BAKERIES COM 46072H108 1,584 2,3 108,300.00 SH DEFINED 108,300 0 0
INTL RECTIFIER SUB NT CV 144A07 460254AD7 4,282 1,3 4,680,000.00 PRN DEFINED
INTL RECTIFIER CORP COM 460254105 2,439 1,3 44,600.00 SH DEFINED 44,600 0 0
IVAX CORP COM 465823102 4,393 1,3 95,500.00 SH DEFINED 95,500 0 0
IVAX CORP SR SB CV 144A 07 465823AB8 6,192 1,3 4,300,000.00 PRN DEFINED
JOHNS MANVILLE CORPORATION COM 478129109 735 2,3 65,000.00 SH DEFINED 65,000 0 0
JOHNSON & JOHNSON COM 478160104 3,561 1,3 38,184.00 SH DEFINED 38,184 0 0
JOHNSON CONTROL INC COM 478366107 106 2,3 2,000.00 SH DEFINED 2,000 0 0
JPS INDUSTRIES INC COM 46624E405 2,096 2,3 419,243.00 SH DEFINED 419,243 0 0
KEMPER INTERMEDIATE GOVT TR SH BEN INT 488413105 974 2,3 149,800.00 SH DEFINED 149,800 0 0
KEYSPAN CORPORATION COM 49337W100 2,609 2,3 65,000.00 SH DEFINED 65,000 0 0
KINROSS GOLD CORP COM 496902107 785 2,3 2,100,000.00 SH DEFINED 2,100,000 0 0
KOHLS CORP COM 500255104 6,165 1,2,3 104,600.00 SH DEFINED 104,600 0 0
KROGER COMPANY COM 501044101 7,992 1,2,3 354,200.00 SH DEFINED 354,200 0 0
KULICKE & SOFFA SUB NT CV 4.75%06 501242AE1 2,920 1,3 3,450,000.00 PRN DEFINED
KULICKE & SOFFA INDUSTRIES COM 501242101 820 1,3 61,900.00 SH DEFINED 61,900 0 0
LAM RESEARCH CORP COM 512807108 1,856 1,3 88,900.00 SH DEFINED 88,900 0 0
LAMAR ADVERTISIN NT CV 5.25%06 512815AF8 2,475 1,3 2,450,000.00 PRN DEFINED
LAMAR ADVERTISING CO CL A 512815101 1,533 1,3 40,600.00 SH DEFINED 40,600 0 0
LASALLE RE HOLDINGS ORD G5383Q101 26,904 2,3 1,425,354.00 SH DEFINED 1,425,354 0 0
LEAR CORPORATION COM 521865105 617 2,3 30,000.00 SH DEFINED 30,000 0 0
LIBERTY FINANCIAL COMPANIES COM 530512102 907 2,3 38,600.00 SH DEFINED 38,600 0 0
LIBERTY MEDIA COM LIB GRP A 001957208 9,685 1,3 538,048.00 SH DEFINED 538,048 0 0
LIBERTY PROPERTY TRUST SH BEN INT 531172104 9,534 2,3 346,700.00 SH DEFINED 346,700 0 0
LIGHTSPAN INC COM 53226T103 18 1,3 7,500.00 SH DEFINED 7,500 0 0
LILLY (ELI) & CO. COM 532457108 7,893 1,2,3 97,300.00 SH DEFINED 97,300 0 0
LSI CORP COM 502161102 569 1,3 18,800.00 SH DEFINED 18,800 0 0
LSI LOGIC SUB NT CV 4%05 502161AE2 1,580 1,3 1,960,000.00 PRN DEFINED
LUBRIZOL CORP COM 549271104 787 2,3 40,000.00 SH DEFINED 40,000 0 0
LUCENT TECHNOLOGIES COM 549463107 4,575 2,3 150,000.00 SH DEFINED 150,000 0 0
MASTEC INC COM 576323109 310 3 10,000.00 SH DEFINED 10,000 0 0
MCLEODUSA INC-CL A CL A 582266102 754 2,3 52,664.00 SH DEFINED 52,664 0 0
MEDICALOGIC/MEDSCAPE INC COM 584642102 6,803 2,3 1,910,000.00 SH DEFINED 1,910,000 0 0
MEDTRONIC INC COM 585055106 6,218 1,3 120,000.00 SH DEFINED 120,000 0 0
MELLON FINANCIAL CORP COM 58551A108 4,081 1,3 88,000.00 SH DEFINED 88,000 0 0
MERCURY INTERACT SB NT CV 144A07 589405AA7 6,516 1,3 4,150,000.00 PRN DEFINED
MERCURY INTERACTIVE CORP COM 589405109 5,141 1,3 32,800.00 SH DEFINED 32,800 0 0
MERIDIAN GOLD INC COM 589975101 432 2,3 65,000.00 SH DEFINED 65,000 0 0
METLIFE INC COM 59156R108 36,094 2,3 1,375,000.00 SH DEFINED 1,375,000 0 0
MGIC AETNA INC. COM 008117103 3,193 2,3 55,000.00 SH DEFINED 55,000 0 0
MGIC GPU INC. COM 36225X100 649 2,3 20,000.00 SH DEFINED 20,000 0 0
MICROCELL TELECOMM CL B NON VTG 59501T304 309 2,3 10,647.00 SH DEFINED
MICRON TECHNOLOGY INC COM 595112103 1,610 1,3 35,000.00 SH DEFINED 35,000 0 0
MICROSOFT CORP COM 594918104 2,892 1,3 48,000.00 SH DEFINED 48,000 0 0
MITCHELL ENERGY & DEV-CL A CL A 606592202 933 2,3 20,000.00 SH DEFINED 20,000 0 0
MOLEX - CLASS A NON-VOTING CL A 608554200 3,605 1,3 86,993.00 SH DEFINED 86,993 0 0
MOTOROLA INC COM 620076109 7,825 1,2,3 277,000.00 SH DEFINED 277,000 0 0
MSDW ASIA PACIFIC FUND COM 61744U106 2,891 2,3 306,400.00 SH DEFINED 306,400 0 0
MSDW INDIA INVESTMENT FUND COM 61745C105 934 2,3 90,000.00 SH DEFINED 90,000 0 0
MUNIVEST FUND INC COM 626295109 1,876 2,3 229,100.00 SH DEFINED 229,100 0 0
MUNIYIELD QUALITY FUND COM 626302103 5,561 2,3 442,700.00 SH DEFINED 442,700 0 0
NACCO INDS INC CL A CL A 629579103 718 2,3 17,100.00 SH DEFINED 17,100 0 0
NATIONWIDE HEALTH PPTYS INC COM 638620104 459 2,3 28,800.00 SH DEFINED 28,800 0 0
NEIMAN MARCUS GROUP -CL B CL B 640204301 959 2,3 33,500.00 SH DEFINED 33,500 0 0
NETOPIA INC COM 64114K104 176 3,4 15,957.00 SH DEFINED 15,957 0 0
NEWS CORP LTD -SPONS ADR ADR NEW 652487703 5,606 2,3 100,000.00 SH DEFINED 100,000 0 0
NEWS CORP LTD -SPONS ADR PRF SP ADR PFD 652487802 6,094 2,3 130,000.00 SH DEFINED 130,000 0 0
NEXTEL COMMNS, INC CL A CL A 65332V103 931 1,3 19,925.00 SH DEFINED 19,925 0 0
NIAGARA MOHAWK HOLDINGS INC COM 653520106 5,072 2,3 321,700.00 SH DEFINED 321,700 0 0
NOKIA CORP -SPON ADR SPONSORED ADR 654902204 2,190 1,3 55,000.00 SH DEFINED 55,000 0 0
NORFOLK SOUTHERN CORP. COM 655844108 6,888 2,3 475,000.00 SH DEFINED 475,000 0 0
NORTH FORK BANCORPORATION COM 659424105 4,266 2,3 197,250.00 SH DEFINED 197,250 0 0
NORTHPOINT COMMUNICATIONS COM 666610100 710 2,3 80,000.00 SH DEFINED 80,000 0 0
NUVEEN INSD PREM INC MUNI II COM 6706D8104 501 2,3 44,000.00 SH DEFINED 44,000 0 0
NUVEEN PREMIUM INC MUNI FD 2 COM 67063W102 302 2,3 22,200.00 SH DEFINED 22,200 0 0
OGE ENERGY CORP COM 670837103 1,692 2,3 79,300.00 SH DEFINED 79,300 0 0
ON COMMAND CORPORATION COM 682160106 4,329 2,3 352,480.00 SH DEFINED 352,480 0 0
ON COMMAND CORP- CL B WTS WT B EX 100703 682160122 323 2,3 123,130.00 SH CALL DEFINED
OWENS-ILL INC PFD CONV $.01 690768502 1,137 2,3 65,900.00 SH DEFINED
P G 7 E CORPORATION COM 69331C108 726 2,3 30,000.00 PRN DEFINED
PACTIV CORPORATION COM 695257105 2,797 2,3 250,000.00 SH DEFINED 250,000 0 0
PENNEY (J.C.) CO. INC. COM 708160106 1,358 2,3 115,000.00 SH DEFINED 115,000 0 0
PEPSI BOTTLING GROUP INC COM 713409100 6,012 2,3 200,000.00 SH DEFINED 200,000 0 0
PEPSICO INCORPORATED COM 713448108 3,772 1,3 82,000.00 SH DEFINED 82,000 0 0
PFIZER INC COM 717081103 5,977 1,3 133,000.00 SH DEFINED 133,000 0 0
PHARMACIA CORPORATION COM 71713U102 4,815 1,3 80,000.00 SH DEFINED 80,000 0 0
PHILADELPHIA CONS HLDG CO COM 717528103 5,132 1,2,3 248,800.00 SH DEFINED 248,800 0 0
PLACER DOME INC COM 725906101 5,383 2,3 570,352.00 SH DEFINED 570,352 0 0
PLC CAP TRUST II INC PRIDES 743674202 3,569 1,2,3 72,100.00 SH DEFINED 72,100 0 0
POTASH CORP OF SASKATCHEWAN COM 73755L107 5,121 2,3 97,900.00 SH DEFINED 97,900 0 0
POTOMAC ELECTRIC POWER COM 737679100 7,954 2,3 315,600.00 SH DEFINED 315,600 0 0
PRAXAIR INC COM 74005P104 5,158 2,3 138,000.00 SH DEFINED 138,000 0 0
PRIME HOSPITALITY CORP COM 741917108 65 2,3 6,375.00 SH DEFINED 6,375 0 0
PRIME RETAIL INC COM 741570105 4 2,3 12,600.00 SH DEFINED 12,600 0 0
PSINET INC COM 74437C101 809 1,2,3 84,000.00 SH DEFINED 84,000 0 0
QUANTA SERVICES SUB NT CONV 4%07 74762EAA0 3,654 1,3 4,680,000.00 PRN DEFINED
QUANTA SERVICES INC COM 74762E102 1,853 1,3 65,300.00 SH DEFINED 65,300 0 0
QWEST COMMUNICATIONS INTL COM 749121109 506 3,4 10,506.00 SH DEFINED 10,506 0 0
RADIO ONE INC CL A 75040P108 70 3,4 8,391.00 SH DEFINED 8,391 0 0
RADIO ONE INC -CL D CL D NON VTG 75040P405 119 3,4 16,782.00 SH DEFINED
RADIO UNICA COMMUNICATIONS COM 75040Q106 19 2,3 5,000.00 SH DEFINED 5,000 0 0
RADISYS CORP COM 750459109 2,488 1,3 49,200.00 SH DEFINED 49,200 0 0
RADISYS CORP SUB NT CV 144A07 750459AA7 4,570 1,3 4,730,000.00 PRN DEFINED
RATIONAL SOFTWAR SUB NT CV 144A07 75409PAA1 7,452 1,3 3,600,000.00 PRN DEFINED
RATIONAL SOFTWARE CORP COM NEW 75409P202 6,639 1,3 95,700.00 SH DEFINED 95,700 0 0
REPTRON ELEC SB NT CV 6.75%04 76026WAA7 177 3 250,000.00 PRN DEFINED
RGS ENERGY GROUP INC COM 74956K104 2,182 2,3 77,500.00 SH DEFINED 77,500 0 0
RHYTHMS NETCONNECTIONS INC COM 762430205 37 2,3 5,000.00 SH DEFINED 5,000 0 0
ROCKWELL INTL CORP COM 773903109 2,292 2,3 75,600.00 SH DEFINED 75,600 0 0
S3 INC SB NT CV 5.75%03 784849AC5 458 3 500,000.00 PRN DEFINED
SAFEWAY INC COM NEW 786514208 3,735 1,3 80,000.00 SH DEFINED 80,000 0 0
SCANA CORP COM 80589M102 15,459 2,3 500,400.00 SH DEFINED 500,400 0 0
SCHERING PLOUGH COM 806605101 5,580 1,3 120,000.00 SH DEFINED 120,000 0 0
SCHLUMBERGER LIMITED COM 806857108 4,494 1,3 54,600.00 SH DEFINED 54,600 0 0
SCI SYSTEMS INC SUB NT CONV 3% 07 783890AF3 4,134 1,3 4,150,000.00 PRN DEFINED
SCI SYSTEMS INC. COM 783890106 2,227 1,3 52,940.00 SH DEFINED 52,940 0 0
SEMTECH CORP COM 816850101 2,019 1,3 48,800.00 SH DEFINED 48,800 0 0
SHERWIN WILLIAMS CO COM 824348106 748 2,3 35,000.00 SH DEFINED 35,000 0 0
SHOPKO STORES INC COM 824911101 674 2,3 65,000.00 SH DEFINED 65,000 0 0
SIEBEL SYSTEMS INC COM 826170102 1,113 1,3 10,000.00 SH DEFINED 10,000 0 0
SIERRA PACIFIC RESOURCES COM 826428104 1,396 2,3 77,500.00 SH DEFINED 77,500 0 0
SIRIUS SATELLITE RADIO INC COM 82966U103 124,450 2,3 2,353,672.00 SH DEFINED 2,353,672 0 0
SOLECTRON CORP COM 834182107 45,335 1,2,3 965,600.00 SH DEFINED 965,600 0 0
SOLECTRON CORP SR LYON ZERO 20 834182AK3 83,750 1,2,3 125,000,000.00 PRN DEFINED
SPANISH BROADCASTING SYS CLA CL A 846425882 2,876 2,3 244,800.00 SH DEFINED 244,800 0 0
SPRINT CORP COM FON GROUP 852061100 84 3,4 2,856.00 SH DEFINED 2,856 0 0
SPRINT CORP (PCS GROUP) PCS COM SER 1 852061506 1,167 1,2,3,4 33,228.00 SH DEFINED 33,228 0 0
SPX CORP COM 784635104 1,845 1,3 13,000.00 SH DEFINED 13,000 0 0
STAR GAS PRTNR-SN SUB UTS SR SUB UN LTD 85512C204 382 2,3 42,434.00 PRN DEFINED
STMICROELECTRON SUB LYON ZERO 09 861012AB8 28,748 1,2,3 22,050,000.00 PRN DEFINED
STMICROELECTRONICS NV-NY SHS COM 861012102 28,158 1,2,3 530,660.00 SH DEFINED 530,660 0 0
STORAGE TECH/NEW/COM COM PAR $0.10 862111200 37 1,3 2,754.00 SH DEFINED 2,754 0 0
SUN MICROSYSTEMS INC COM 866810104 7,472 1,3 64,000.00 SH DEFINED 64,000 0 0
SUNBEAM CORP SRSDCV ZRO144A18 867071AA0 9,215 2,3 97,000,000.00 PRN DEFINED
SYBASE INC COM 871130100 2,501 2,3 108,730.00 PRN DEFINED
T/R SYSTEMS INC COM 87263U102 446 3,4 50,243.00 PRN DEFINED
TAUBMAN CENTERS INC COM 876664103 8,672 3 750,000.00 SH DEFINED 750,000 0 0
TECNOMATIX TECHNOLOGIES LD ORD M8743P105 13 2,3 1,000.00 SH DEFINED 1,000 0 0
TELLABS INC COM 879664100 3,868 1,3 81,000.00 SH DEFINED 81,000 0 0
TEXAS INSTRUMENTS INC COM 882508104 3,728 1,3 79,000.00 SH DEFINED 79,000 0 0
TEXTRON INC COM 883203101 2,356 2,3 51,000.00 SH DEFINED 51,000 0 0
THE HEALTHCARE COMPANY COM 404119109 2,970 1,3 80,000.00 SH DEFINED 80,000 0 0
THOUSAND TRAILS, INC COM 885502104 718 2,3 159,660.00 SH DEFINED 159,660 0 0
TIME WARNER INC COM 887315109 3,133 2,3 40,000.00 SH DEFINED 40,000 0 0
TOWER AUTOMOTIVE INC COM 891707101 567 2,3 60,500.00 SH DEFINED 60,500 0 0
TRANSOCEON SEDCO FOREX INC ORD G90078109 3,260 1,3 55,606.00 SH DEFINED 55,606 0 0
TRIBUNE CO NEW COM 896047107 6,631 1,2,3 152,000.00 SH DEFINED 152,000 0 0
TRIQUINT SEMICON SUB NT CV 144A07 89674KAA1 849 1,3 1,080,000.00 PRN DEFINED
TRIQUINT SEMICON SUB NT CV 4%07 89674KAB9 2,610 1,3 3,320,000.00 PRN DEFINED
TRIQUINT SEMICONDUCTOR INC COM 89674K103 1,819 1,3 50,000.00 SH DEFINED 50,000 0 0
TRIZEC HAHN CORPORATION SUB VTG 896938107 588 2,3 35,000.00 SH DEFINED 35,000 0 0
TVX GOLD INC COM NEW 87308K200 813 2,3 500,380.00 PRN DEFINED
TYCO INTERNATIONAL LTD COM 902124106 5,551 1,3 107,000.00 SH DEFINED 107,000 0 0
U.S. BANCORP COM 902973106 5,506 2,3 242,000.00 SH DEFINED 242,000 0 0
UGLY DUCKLING CORP COM 903512101 291 2,3 50,000.00 SH DEFINED 50,000 0 0
UNISYS CORP COM 909214108 788 2,3 70,000.00 SH DEFINED 70,000 0 0
UNOCAL CORP COM 915289102 5,188 2,3 146,400.00 SH DEFINED 146,400 0 0
US AIR GROUP INC COM 911905107 228 2,3 7,500.00 SH DEFINED 7,500 0 0
USEC INC COM 90333E108 253 2,3 59,500.00 SH DEFINED 59,500 0 0
UST INC COM 902911106 18,872 2,3 825,000.00 SH DEFINED 825,000 0 0
USX - MARATHON GROUP INC COM NEW 902905827 2,412 2,3 85,000.00 SH DEFINED 85,000 0 0
VAN KAMPEN MUNI OPPOR TRUST COM 920935103 593 2,3 42,000.00 SH DEFINED 42,000 0 0
VENTAS INC COM 92276F100 38 2,3 7,500.00 SH DEFINED 7,500 0 0
VERIZON COMMUNICATIONS INC. COM 92343V104 8,244 1,2,3 170,200.00 SH DEFINED 170,200 0 0
VIATEL INC COM 925529208 51 2,3 5,000.00 SH DEFINED 5,000 0 0
VISTEON CORP -W/I COM 92839U107 1,059 2,3 70,000.00 SH DEFINED 70,000 0 0
VODAFONE AIRTOUCH PLC-SP ADR SPONS ADR 92857W100 35,067 1,2,3 940,700.00 SH DEFINED 940,700 0 0
VORNADO REALTY TRUST SH BEN INT 929042109 928 2,3 25,000.00 SH DEFINED 25,000 0 0
WAL MART STORES INC COM 931142103 3,104 1,3 64,500.00 SH DEFINED 64,500 0 0
WASHINGTON GAS LIGHT CO COM 938837101 1,398 2,3 52,000.00 SH DEFINED 52,000 0 0
WASTE MANAGEMENT INC COM 94106L109 1,133 2,3 65,000.00 SH DEFINED 65,000 0 0
WELLS FARGO & COMPANY COM 949746101 4,594 1,3 100,000.00 SH DEFINED 100,000 0 0
WESTERN RESOURCES INC COM 959425109 216 2,3 10,000.00 SH DEFINED 10,000 0 0
WILLIAMS COS INC COM 969457100 3,773 1,3,4 89,312.00 SH DEFINED 89,312 0 0
WIND RIVER SYSTEMS COM 973149107 3,985 1,3 83,240.00 SH DEFINED 83,240 0 0
WIND RIVER SYSTM SUB NT CONV 5% 02 973149AC1 4,563 1,3 3,078,000.00 PRN DEFINED
WISCONSIN ENERGY CORP COM 976657106 1,738 2,3 87,100.00 SH DEFINED 87,100 0 0
WORLDCOM INC. COM 98157D106 2,734 1,3 90,000.00 SH DEFINED 90,000 0 0
XEROX CORP COM 984121103 1,166 2,3 77,700.00 SH DEFINED 77,700 0 0
XTRA CORP COM 984138107 715 1,3 16,089.00 SH DEFINED 16,089 0 0
</TABLE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 4
Form 13F Information Table Entry Total: 2,382,904 (in thousands)
Form 13F Information Table Value Total: 311
List of Other Included Managers:
No. 13F File Number Name
1 28-386 Continental Assurance Company
2 28-387 Continental Casualty Company
3 28-346 CNA Financial Corporation
4 28-172 The Continental Corporation
